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ICRA reaffirms rating assigned to bank facilities of RCom

23 Jun 2016 Evaluate

Credit rating agency, ICRA has reaffirmed rating of ‘A2+’ for Short-Term Fund Based / Non Fund Based Limits and Commercial Papers of Reliance Communications (RCom). The credit rating agency has also upgraded its outlook to stable from negative on the Long Term rating ‘BBB+’ of the company.

RCom is engaged in providing information and communications services. It provides telecom services for mobile and fixed line telephony. It offers code division multiple access (CDMA), global system for mobile (GSM), and 3G wireless services, wireline, voice, data, video, internet services.



Peers
Company Name CMP
Bharti Airtel 1833.00
Vodafone Idea 13.20
Indus Towers 385.00
Tata Communications 1660.15
Railtel Corp. India 254.45
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